India Daybook Stocks in News
*Cipla:* Company gets approval to introduce zemdri injection in India. (Positive)
*Lemon Tree:* Company signed license agreement for lemon tree resort in Sankhwas Garh, Rajasthan (Positive)
*Zuari Agro:* Company executed sale deed for sale of land in goa for Rs 80 crore (Positive)
*Crompton Greaves:* HDFC Mutual Funds Stake increases to 7.11% in the company. (Positive)
*HFCL:* Company bags purchase orders worth ₹40.36 cr for supply of optical fiber cables (Positive)
*Alankit:* Company entered into a project with school education department of uttarakhand with value Rs 23.7 crore. (Positive)
*Tanla platforms:* Company announced the launch of its new product trubloq .ai. (Positive)
*Powermech:* Gets order worth Rs 396.3 crore South East Central Railway for execution of civil construction, electrical works (Positive)
*PNC Infra:* Company gets Letter of Acceptance from Madhya Pradesh Government for construction project worth Rs 699 crore (Positive)
*Grauer and Weil:* Board approves issue of bonus shares in the proportion of 1:1(Positive)
*Jindal Stainless:* Union Minister will inaugurate the stainless steel industry’s first green hydrogen project set up by Jindal Stainless (Positive)
*ITI:* Company signs MoUs with Lekha Wireless, Niral Networks and InstaICT to create and manage private 5G ecosystems: (Positive)
*Wipro:* Company to launch joint 5G private wireless solution with Nokia to speed up enterprise digital transformation (Positive)
*Hind Rectifiers:* Company gets supply order worth Rs 200 crore from Indian Railway (Positive)
*MCX:* Company signs MoU with Jakarta Futures Exchange for knowledge sharing and regional development (Positive)
*Canara Bank:* Approves split of 1 equity share of company into 5 (Positive)
*SJVN:* Company inks power usage agreement with Jammu & Kashmir power corp (Positive)
*TVS Motors:* Arm to increase shareholding in Killwatt GmbH to 49% from39.28% for €4 million (Positive)
*Jana SFB:* Company gets RBI approval for re-appointment of Ajay Kanwal as MD & CEO for 3 years effective March 21. (Positive)
*Sigachi Ind:* Forms JV ‘Sigachi Global’ to enter UAE food and pharma market (Positive)
*Bank of Baroda:* Bank cuts car loan interest rates by 65 bps to 8.75% (Neutral)
*Andhra Cement:* Promoter proposes to sell up to 5% stake in company via OFS on February 27 (Neutral)
*Wockhardt:* Company to launch a QIP of Rs 400 crore (Neutral)
*Adani Ent:* Adani defence & aerospace to invest 30b rupees in ammunition & missiles complex in india's uttar pradesh state. (Neutral)
*Associated Alcohols:* Company approved for issuance of upto 900,000 warrants of 485 rupees each to promoters (Neutral)
*IZMO:* Board meeting on March 6 to issue and allot 2,90,784 equity shares pursuant to the conversion of warrants. (Neutral)
*Axis Bank:* Bank inaugurated 21 new branches in Karnataka (Neutral)
*CMS Info Systems:* Promoter to sell up to 26.7% stake in CMS via large trade worth Rs 1,503.8 crore. (Neutral)
*Bandhan Bank:* Bandhan Financial completes acquisition of Aegon Life Insurance Company from AegonIndia and Bennett (Neutral)
*SBI:* Bank was fined ₹2 crore for failing to comply with provisions of the Banking Regulation Act after an inspection by RBI (Neutral)
*Vodafone Idea:* Company’s Board to meet to consider Proposal Relating to Fund Raising (Neutral)
*Indostar:* Company’s Board to meet to consider Proposal Relating to Fund Raising (Neutral)
*Texmaco Rail:* Company’s Board to meet to consider Proposal Relating to Fund Raising (Neutral)
*BGR Energy:* Promoter Entity Sasikala Raghupathy Sold 55.87 Lakh Shares or 7.74% Stake. (Neutral)
*Usha Martin:* Promoter Entity Peterhouse Investments India sold 2 Lakh equity shares in open market (Neutral)
*One 97 communication:* Vijay Shekhar Sharma steps down as Part-Time Non-Executive Chairman and Board Member from PayTM payment bank. (Neutral)
*South Indian Bank:* Ex date today for the eligibility of right issue 1:4 (Neutral)
*NMDC:* Ex date today for the eligibility of dividend Rs 5.75/Sh (Neutral)
By: via AlliesFinServe #StockMarket #Bharat Telegram.me/AlliesFin
